Lake Butler, FL housing market
The typical Lake Butler home is worth about $281,000, up 1.7% in a year, 25% below the Florida typical home. Homes typically sell in 37 days, below asking.
Home values, sales, trends and how Lake Butler compares with the towns next door — updated as new data is published.
Lake Butler at a glance
A seller's market
Supply is tight — about 2.9 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Lake Butler | Florida |
|---|---|---|
| 2017 | $136,000 | $209,000 |
| 2018 | $144,000 | $226,000 |
| 2019 | $149,000 | $242,000 |
| 2020 | $167,000 | $253,000 |
| 2021 | $183,000 | $276,000 |
| 2022 | $207,000 | $340,000 |
| 2023 | $247,000 | $392,000 |
| 2024 | $269,000 | $402,000 |
| 2025 | $280,000 | $397,000 |
| 2026 | $282,000 | $377,000 |
| August 2026 | $281,000 | $376,000 |
5.6 years of income
The typical Lake Butler home costs about 5.6 years of the town's median household income, more than across Florida (5 years).
How Lake Butler ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Lake Butler is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lake Butler pay a median of $774, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $800 · 4 bedrooms $1,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (32054; Bradford County, FL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Lake Butler
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.